The dollar rises against the save have currencies and drops against the euro in the initial reaction. Read the rest of the article Non-Farm Payrolls Rise Nicely – USD/JPY and USD/CHF Rise Read more posts on ForexCrunch
By contrast, the EUR/USD and USD/CHF had a near-perfect negative correlation of -1.00. This implies that 100% of the time, when the EUR/USD rallied, USD/CHF sold off. This relationship even holds true over longer periods as the …
9690 would be viewed in a bullish light. Until then, pressure is lower.” The push through .9690 materialized but USDCHF failed at .9786 9well-defined horizontal level). The near term picture is unclear although weakness from the November …
The USD/CHF drop into the March low fell short of the 6 year trendline, which is frustrating because that would have been the ideal level for support. It’s almost as if the market decided to ‘front run’ the trendline. Currently, Swissie is testing ...
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDCHF has plummeted, wiping out all of May’s advance (in the first week of June nonetheless). …